Ourbit vs MEXC Fees 2026: 70% vs 60% Rebate, Net Costs

Which of Ourbit and MEXC is cheaper depends on the contract you trade. On BTC, ETH and the other contracts MEXC currently has on promotion, MEXC wins: the taker fee is 0.02%, or 0.008% net after a 60% rebate, against 0.04% on Ourbit, or 0.012% net after 70%. On contracts at standard rates it flips, and Ourbit's 0.012% net taker beats MEXC's 0.016%. On spot, maker is 0% on both; taker is 0% on Ourbit and 0.05% on MEXC's major pairs (rates from both exchanges' official public APIs, checked 2026-10-17).

Ourbit pays the higher rebate. Sign up with referral code FEEOTTER and bind your UID, and Ourbit futures pay 70% (50% automatic rebate from the exchange + 20% extra rebate). MEXC with code mexc-FEEOTTER pays 60% (20% automatic rebate + 40% extra rebate). On 1,000 USDT of monthly fees, a typical 20% code returns 200 USDT; Ourbit returns 700 and MEXC 600.

The short version

• Both pay more than three times what a typical 20% code does: Ourbit's 70% is 3.5 times, MEXC's 60% is 3 times.
• Ourbit's automatic layer is much larger: Ourbit refunds 50% on its own, MEXC 20%. The rest comes from Fee Otter once you bind your UID.
• BTC and ETH futures: MEXC. BTC, ETH and SOL perpetuals on MEXC are currently 0% maker / 0.02% taker, so net taker is 0.008%, a third below Ourbit's 0.012%.
• Standard-rate contracts: Ourbit for taker orders, MEXC for maker orders. Net taker is 0.012% vs 0.016% (Ourbit lower); net maker is 0.006% vs 0.004% (MEXC lower).
• Ourbit spot is fee-free: all 883 pairs are 0% maker and taker. MEXC spot maker is 0% and taker on major pairs 0.05%, or 0.02% net after the 60% rebate.
• API and bot users, read MEXC's rule first: MEXC's affiliate FAQ says API trades no longer count toward commission, so MEXC API orders earn no rebate.

Rebate rates: Ourbit 70%, MEXC 60%

Layer 1 goes straight back to your exchange account and never passes through Fee Otter. Layer 2 settles daily into your Fee Otter balance and is paid out as USDT on BEP20, minimum 1 USDT per request, with the 0.015 USDT network fee paid by you. The two layers are explained in automatic vs extra rebate, and every exchange's rate is in the rebate rate table.

Skip the UID binding and the gap widens. Without binding, Ourbit still refunds 50% automatically while MEXC refunds only 20%. Forty points of MEXC's 60% depend on binding, so bind your MEXC UID on Fee Otter after you sign up.

List fees: same futures taker, MEXC has promotional rates

Checked 2026-10-17 from both exchanges' official public APIs (Ourbit futures, Ourbit spot, MEXC futures, MEXC spot) · Methodology

• Ourbit's schedule is uniform. Its official announcement says all spot pairs have been fee-free since 2024-09-03 and futures stay at 0.02% maker and 0.04% taker (Ourbit announcement). Today's API figures match it.
• MEXC sets fees pair by pair. Promotional rates move: on 2026-09-27 we recorded ETH perpetuals at 0% / 0.01%; today they are 0% / 0.02%. MEXC's zero-fee page says some pairs have a quota and an end date, after which the standard rate applies, and that API users, market makers and institutional accounts are not eligible.
• MEXC spot depends on the pair. The zero-fee page says all spot pairs are fee-free, yet the public API returns 0.05% taker for BTC/USDT and ETH/USDT and 0.08% for most small caps. Your fills are what count; this article uses the API figures.

Ourbit's full VIP schedule is in Ourbit VIP levels.

Net fees after the rebate

Formula: net rate = list rate × (1 − rebate rate).

Worked through: Ourbit taker = 0.04% × (1 − 70%) = 0.012%; MEXC standard taker = 0.04% × (1 − 60%) = 0.016%; MEXC BTC taker = 0.02% × (1 − 60%) = 0.008%. The same taker order on Ourbit costs 0.012% with our code and 0.032% with a typical 20% code, almost three times as much.

In money: 500,000 USDT a month, all taker

An altcoin futures trader pays 20 USDT a month less on Ourbit, 240 USDT a year. A trader who sticks to BTC and ETH pays 20 USDT a month less on MEXC. Bind both, route BTC and ETH to MEXC and everything else to Ourbit, and you get the lower net rate on each. Both rebates show up in the same Fee Otter dashboard.

If you are already a VIP on an exchange and want to rebind or sign up on another exchange, contact support. We can help you apply for special trading perks or a higher rebate rate.

Spot: Ourbit is fee-free, MEXC maker is 0% too

On 100,000 USDT of monthly spot taker volume, Ourbit charges nothing. On MEXC, BTC or ETH costs 100,000 × 0.05% = 50 USDT, or 20 USDT net after the 60% rebate; small caps at 0.08% come to 32 USDT net. Spot maker is 0% on both. Because Ourbit spot has no fee, it has no rebate either, so Ourbit's rebate comes entirely from futures.

API and bots: MEXC API orders earn no rebate

Section 1.5 of MEXC's affiliate FAQ says: "All trades made by users via API will no longer count toward commission" (checked 2026-10-17). API orders generate no commission, so neither the exchange's 20% automatic rebate nor Fee Otter's 40% extra rebate applies, and the zero-fee page excludes API users from zero fees. Running an API strategy on MEXC, count your fees at the full rate.

We did not find a rule on Ourbit's public pages about whether API trades count toward commission. For API trading there, go by your Ourbit account and the Fee Otter rebate ledger. Setup steps are in the MEXC API guide and the Ourbit API guide.

Adding a code late and rebinding: MEXC has a 30-day window, Ourbit only at signup

MEXC's conditions are in its self-service referrer linking guide (the referrer must have registered before you; main accounts only). Steps are in the Ourbit rebind guide and the MEXC rebind guide; every exchange's rules are in the rebind rules table. Binding on Fee Otter only takes your UID, never an API key or password.

Service regions and risk

Ourbit is run by Ourbit Holdings Ltd. of the British Virgin Islands. Its terms of use (updated 2026-05-30) exclude the United States, China, Singapore, North Korea, Cuba, Iran, Sudan, France, Germany, the Netherlands, Spain, Italy, Austria, Portugal, Ontario (Canada) and the Russian-controlled regions of Ukraine. MEXC's terms (updated 2026-10-13) prohibit mainland China, Hong Kong, Singapore, Malaysia, the United States, the United Kingdom, Canada, North Korea, Cuba, Iran, Sudan, Kazakhstan and the Russian-controlled regions of Ukraine. Both lists say more places can be added at any time.

Neither exchange holds a licence from a major financial regulator. Ourbit is registered in the British Virgin Islands; MEXC is registered in Seychelles, and in February 2025 Japan's FSA asked Apple and Google to pull MEXC's app for operating without Japanese registration. Keep only the money you are actively trading on an exchange and move long-term holdings to your own cold wallet. Both offer 500× on BTC futures, and one liquidation can take the whole margin.

Futures rules are covered in the Ourbit futures guide and the MEXC futures guide. Rebates apply to trading fees only, not to funding or liquidation.

Which one fits you

• Mostly BTC and ETH perpetuals → MEXC. Promotional taker of 0.02%, 0.008% net.
• Mostly standard-rate altcoin futures, mainly taker orders → Ourbit. Net taker 0.012% vs 0.016%.
• Mainly maker orders → MEXC. Net maker 0.004% on standard contracts, 0% on promotional ones.
• Lots of spot taker orders → Ourbit, where spot is fee-free.
• API or bots → MEXC API orders get no rebate, so price that in; on Ourbit, go by the rebate ledger.
• A MEXC account under 30 days old → add mexc-FEEOTTER through self-service using the rebind guide; no new account needed.
• Both needs → bind both: BTC and ETH on MEXC, other contracts on Ourbit.

Next step: sign up on Ourbit with FEEOTTER via the Ourbit referral code guide and on MEXC with mexc-FEEOTTER via the MEXC referral code guide, then bind both UIDs on the Fee Otter rebate platform.

Frequently asked questions

Which has lower fees, Ourbit or MEXC?

It depends on the contract. On BTC, ETH and other MEXC promotional contracts, MEXC's net taker of 0.008% beats Ourbit's 0.012%. On standard-rate contracts, Ourbit's 0.012% beats MEXC's 0.016%. Ourbit spot is fee-free.

Which pays the higher rebate?

Ourbit. Bound with FEEOTTER, Ourbit futures pay 70% (50% automatic + 20% extra). MEXC with mexc-FEEOTTER pays 60% (20% automatic + 40% extra).

Are the referral codes the same?

No. Ourbit is FEEOTTER and MEXC is mexc-FEEOTTER; entering just FEEOTTER on MEXC does not work. Signing up through the links in the referral code guides fills in the right code.

Do MEXC API trades earn a rebate?

No. MEXC's affiliate FAQ says API trades do not count toward commission, so there is no automatic rebate and no Fee Otter extra rebate on them.

Does Ourbit spot earn a rebate?

Ourbit spot is 0% maker and taker. With no fee there is nothing to refund.

I already have an Ourbit or MEXC account. Can I still get the rebate?

On MEXC, a main account under 30 days old with no referrer can add the code through self-service; after that, re-register with a new email. Ourbit only takes a code at signup, so re-register with an email or phone number not used there before.

ⓘ Ourbit rates in this article are for futures; Ourbit spot has no fee. MEXC spot rebate is 60%.

Further reading

• Ourbit fee rebate guide · MEXC fee rebate guide
• MEXC VIP levels
• Effective perpetual fees after rebate
• Exchange head-to-head comparisons
• Fees and rebates across exchanges

This article is for information and research only. It is not investment advice or asset management and does not guarantee any return. Fees are regular-user rates taken from both exchanges' official public APIs on 2026-10-17; MEXC's promotional rates change often and some pairs carry a quota and an end date. Rebate rates are those that apply when you bind through Fee Otter and may change; the exchanges' official figures and Fee Otter's live figures prevail. Derivatives are high risk and you can lose your entire margin.